Montreal – April 15, 2004 - PensEra Knowledge Technologies Inc. announces that the Mendelsohn law firm has selected the TimeKM™ system to help its lawyers and staff streamline work and collaborate on daily activity tracking. TimeKM™ allows lawyers to jot down activities while they work for better accuracy and recovery. Secretaries at Mendelsohn have simultaneous access to their lawyer’s electronic workspace to add or revise entries in whichever way they work best as a team. The system was tested with a diverse group, and will now be fully implemented firmwide by 100 users.

“We respect our lawyers’ time, and we want to do everything we can to optimize and improve necessary tasks, like time-tracking, so they have more time to practice law.” said Andrew Etcovitch, Managing Partner at Mendelsohn. “We were naturally skeptical about replacing a traditional manual process, but when our lawyers and staff saw how TimeKM™ could actually simplify tracking and reduce redundant effort, the business case was obvious and the decision was easy.”

“By using TimeKM™ to capture activity at the source when it happens, the Mendelsohn firm is getting a double benefit.” said Peter Zver, President and CEO of PensEra. “First, its clients get more accurate, timely information, and second, the lawyers and staff can improve productivity and work together more effectively. The law firm is also well positioned to optimize its mobile practice.”

TimeKM™ is compatible with all major law office billing systems. Time entries captured in TimeKM™ are electronically transferred to Mendelsohn’s DEXCO billing system for seamless integration.

About Mendelsohn law firm (www.mendelsohn.ca)
Since 1951, the Mendelsohn law firm has served a wide range of clients in Quebec, across Canada, and around the globe. Mendelsohn is best recognized in the fields of financing and insolvency, mergers and acquisitions, tax, real estate development, securities, IP/IT and commercial litigation. The firm is an active member of Interlaw, an international association of independent law firms located in some 120 cities worldwide

About Pensera Knowledge Technologies (www.pensera.com)
PensEra Knowledge Technologies specializes in developing systems specifically for the legal profession. TimeKM™ (www.timekm.com) is designed to help lawyers more accurately track time and services while leveraging knowledge about cases, clients and practice that they encounter every day. The patent-pending process helps the individual and organization turn daily activity into retrievable enterprise knowledge. In 2003 TimeKM™ was selected as a “Trend-Setting Product of the Year” by KMWorld. In 2004, PensEra was named as one of the “Top 100 Companies That Matter In The Knowledge Management Industry.”

FOR MORE INFORMATION CONTACT:

Dan C. Felean
Director of Marketing and Sales
PensEra Knowledge Technologies
(800) 620-8881 ext 27 or (514) 874-0002
Fax: (514) 874-0006
e-mail: danf@pensera.com
or go to: www.timekm.com